In the evolving landscape of India’s industrial growth, Darshan Hiranandani stands out as a visionary leader driving transformative change. One of his most ambitious projects yet is set to position Uttar Pradesh as a major player in the global semiconductor manufacturing sector. Through Tarq Semiconductors, a subsidiary of the Hiranandani Group, Darshan Hiranandani is spearheading the creation of state-of-the-art assembly, testing, and packaging (ATP) plants for semiconductors in the state. This move aligns with the Indian government's push for semiconductor self-sufficiency and is poised to deliver long-term economic benefits to Uttar Pradesh and India as a whole.
The Strategic Importance of Semiconductor Manufacturing
Semiconductors are the backbone of the modern technological ecosystem, powering everything from smartphones and computers to electric vehicles and industrial machinery. The global reliance on imported semiconductors became starkly evident during the COVID-19 pandemic, which caused massive disruptions in supply chains and led to shortages in critical sectors. In response to these vulnerabilities, the Indian government launched the Indian Semiconductor Mission, a pioneering initiative designed to bolster domestic semiconductor production and reduce dependence on foreign suppliers.
Seeing the immense potential of this mission, Tarq Semiconductors swiftly stepped up to play a crucial role in India’s semiconductor ambitions. By applying for support under the Indian Semiconductor Mission scheme, the company is poised to develop an ultra-modern semiconductor manufacturing facility in Uttar Pradesh, laying the foundation for India’s self-reliance in this critical sector.
Phased Development for Long-Term Growth
The ambitious semiconductor project will unfold in multiple phases, with each stage designed to cater to specific semiconductor technologies. The first phase, which focuses on legacy semiconductor technologies, is set to involve an investment of over Rs 2,500 crore. This phase will see the establishment of ATP Plant 1 in the Yamuna Expressway Industrial Development Authority (YEIDA) region of Uttar Pradesh, an area strategically located to foster industrial development. The plant is expected to be operational within 24 months, with the subsequent phases (ATP Plants 2 and 3) to follow, expanding the facility’s capabilities to include more advanced and complex semiconductor technologies.
In addition to the monumental financial investment, the project is set to generate significant job opportunities, starting with an estimated 1,000 direct jobs in the first phase. These jobs will not only benefit the immediate local workforce but will also stimulate related industries, further bolstering the region’s economy. The project’s alignment with the government’s ‘Make in India’ initiative will promote domestic manufacturing, reducing India’s reliance on imports and fostering sustainable growth in the semiconductor sector.
Hiranandani Group’s Continued Commitment to Uttar Pradesh
The semiconductor project is not the first of its kind in Uttar Pradesh for the Hiranandani Group. The company’s subsidiary, Yotta Data Services, has been a strong contributor to the state’s digital infrastructure, further solidifying Hiranandani’s commitment to the region. Uttar Pradesh’s strategic location, skilled workforce, and the state government’s favorable policies were key factors that influenced the decision to establish the semiconductor manufacturing hub in the state.
In a letter to the Yamuna Expressway Industrial Development Authority (YEIDA), Darshan Hiranandani expressed the group’s intent to expand its footprint in Uttar Pradesh, with the semiconductor project representing a major milestone in this vision. The decision to build this project in Uttar Pradesh reflects the region's immense industrial potential, making it an ideal location for the growth of cutting-edge industries like semiconductor manufacturing.
Transforming Uttar Pradesh into a Semiconductor Powerhouse
The proposed semiconductor ATP center by Tarq Semiconductors stands as a critical step in India’s journey toward becoming self-reliant in semiconductor fabrication. With its phased development and capital-intensive approach, this project will help Uttar Pradesh emerge as a key participant in the global semiconductor supply chain. This initiative not only strengthens India’s semiconductor industry but also places Uttar Pradesh at the forefront of India’s technological and industrial growth.
As India seeks to establish itself as a hub for semiconductor manufacturing, Darshan Hiranandani’s strategic foresight and commitment to Uttar Pradesh will help the state become a major player in this globally significant industry. The project promises not only to enhance India’s position in the semiconductor sector but also to create a robust foundation for long-term economic growth, innovation, and job creation in the region. Under Hiranandani’s leadership, Uttar Pradesh is on its way to becoming a world-class destination for semiconductor manufacturing, contributing significantly to India’s technological self-reliance and global competitiveness.
In the evolving landscape of India’s industrial growth, [Darshan Hiranandani ](https://evertiq.com/news/56852)stands out as a visionary leader driving transformative change. One of his most ambitious projects yet is set to position Uttar Pradesh as a major player in the global semiconductor manufacturing sector. Through Tarq Semiconductors, a subsidiary of the Hiranandani Group, Darshan Hiranandani is spearheading the creation of state-of-the-art assembly, testing, and packaging (ATP) plants for semiconductors in the state. This move aligns with the Indian government's push for semiconductor self-sufficiency and is poised to deliver long-term economic benefits to Uttar Pradesh and India as a whole.
The Strategic Importance of Semiconductor Manufacturing
Semiconductors are the backbone of the modern technological ecosystem, powering everything from smartphones and computers to electric vehicles and industrial machinery. The global reliance on imported semiconductors became starkly evident during the COVID-19 pandemic, which caused massive disruptions in supply chains and led to shortages in critical sectors. In response to these vulnerabilities, the Indian government launched the Indian Semiconductor Mission, a pioneering initiative designed to bolster domestic semiconductor production and reduce dependence on foreign suppliers.
Seeing the immense potential of this mission, Tarq Semiconductors swiftly stepped up to play a crucial role in India’s semiconductor ambitions. By applying for support under the Indian Semiconductor Mission scheme, the company is poised to develop an ultra-modern semiconductor manufacturing facility in Uttar Pradesh, laying the foundation for India’s self-reliance in this critical sector.
Phased Development for Long-Term Growth
The ambitious semiconductor project will unfold in multiple phases, with each stage designed to cater to specific semiconductor technologies. The first phase, which focuses on legacy semiconductor technologies, is set to involve an investment of over Rs 2,500 crore. This phase will see the establishment of ATP Plant 1 in the Yamuna Expressway Industrial Development Authority (YEIDA) region of Uttar Pradesh, an area strategically located to foster industrial development. The plant is expected to be operational within 24 months, with the subsequent phases (ATP Plants 2 and 3) to follow, expanding the facility’s capabilities to include more advanced and complex semiconductor technologies.
In addition to the monumental financial investment, the project is set to generate significant job opportunities, starting with an estimated 1,000 direct jobs in the first phase. These jobs will not only benefit the immediate local workforce but will also stimulate related industries, further bolstering the region’s economy. The project’s alignment with the government’s ‘Make in India’ initiative will promote domestic manufacturing, reducing India’s reliance on imports and fostering sustainable growth in the semiconductor sector.
Hiranandani Group’s Continued Commitment to Uttar Pradesh
The semiconductor project is not the first of its kind in Uttar Pradesh for the Hiranandani Group. The company’s subsidiary, Yotta Data Services, has been a strong contributor to the state’s digital infrastructure, further solidifying Hiranandani’s commitment to the region. Uttar Pradesh’s strategic location, skilled workforce, and the state government’s favorable policies were key factors that influenced the decision to establish the semiconductor manufacturing hub in the state.
In a letter to the Yamuna Expressway Industrial Development Authority (YEIDA), [Darshan Hiranandani](https://www.business-standard.com/content/press-releases-ani/yotta-to-create-end-to-end-custom-ai-applications-using-platform-services-and-nvidia-nim-124102400428_1.html) expressed the group’s intent to expand its footprint in Uttar Pradesh, with the semiconductor project representing a major milestone in this vision. The decision to build this project in Uttar Pradesh reflects the region's immense industrial potential, making it an ideal location for the growth of cutting-edge industries like semiconductor manufacturing.
Transforming Uttar Pradesh into a Semiconductor Powerhouse
The proposed semiconductor ATP center by Tarq Semiconductors stands as a critical step in India’s journey toward becoming self-reliant in semiconductor fabrication. With its phased development and capital-intensive approach, this project will help Uttar Pradesh emerge as a key participant in the global semiconductor supply chain. This initiative not only strengthens India’s semiconductor industry but also places Uttar Pradesh at the forefront of India’s technological and industrial growth.
As India seeks to establish itself as a hub for semiconductor manufacturing, Darshan Hiranandani’s strategic foresight and commitment to Uttar Pradesh will help the state become a major player in this globally significant industry. The project promises not only to enhance India’s position in the semiconductor sector but also to create a robust foundation for long-term economic growth, innovation, and job creation in the region. Under Hiranandani’s leadership, Uttar Pradesh is on its way to becoming a world-class destination for semiconductor manufacturing, contributing significantly to India’s technological self-reliance and global competitiveness.
No comments yet...